# Maritime freight, a sector in crisis in recent months

> Maritime freight rates reached new records in September after the Middle East conflict and Black Sea attacks disrupted routes. Crude flows through the Strait of Hormuz fell from about 15 to 9 million tonnes per day between January and September 2026, and urea exports were far below normal.

- Date: 2026-11-02 · published 2026-11-02T21:10:21.304Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/75877-maritime-freight-a-sector-in-crisis-in-recent-months
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher freight costs and reduced fertiliser flows raise input and delivered costs for feed and grain buyers, and keep upward pressure on fertiliser prices.

## Read by commodity

- UREA: bullish ▲
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| UREA | 2021-02-19 | [Fertilizer freight rates jump to new highs \| Latest Market News](https://feedsoft.ai/events/48522-fertilizer-freight-rates-jump-to-new-highs-latest-market-news.md) | +1.5% | +11.7% |
| UREA | 2023-12-11 | [Urea CFR Price Lifted by Buoyant Freight Rates \| CZ app](https://feedsoft.ai/events/32636-urea-cfr-price-lifted-by-buoyant-freight-rates-cz-app.md) | -3.1% | -2.4% |
| UREA | 2021-12-05 | [Freight fright for farm inputs - Supply Chain Council of European Union \| Scceu.org](https://feedsoft.ai/events/43481-freight-fright-for-farm-inputs-supply-chain-council-of-european-union-scceu-org.md) | -0.3% | -1.0% |
| UREA | 2026-05-05 | [Fertilizer Crisis Response Bulletin #10–Shipping Disruptions Drive Up Fertilizer Costs and Threaten Food Security - IFDC](https://feedsoft.ai/events/19178-fertilizer-crisis-response-bulletin-10-shipping-disruptions-drive-up-fertilizer.md) | -4.2% | -27.8% |
| UREA | 2024-05-01 | [All Eight Major Fertilizer Prices Higher](https://feedsoft.ai/events/31059-all-eight-major-fertilizer-prices-higher.md) | -6.9% | -5.8% |

## Sources

- lafranceagricole.fr: https://www.lafranceagricole.fr/conjoncture-cultures/article/905561/le-fret-maritime-un-secteur-en-crise-ces-derniers-mois

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
